Longer Term Trading Plans for ASND
- Buy ASND near 157.27 target 175.29 stop loss @ 156.82
- Short ASND slightly under 175.29, target 157.27, stop loss @ 175.8
June 12, 2025, 20:04 pm ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy ASND near 157.27 with an upside target of 175.29. This data also tells us to set a stop loss @ 156.82 to protect against excessive loss in case the stock begins to move against the trade. 157.27 is the first level of support below 170.92 , and by rule, any test of support is a buy signal. In this case, support 157.27 is being tested, a buy signal would exist.
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